In our Are Solar & Batteries Right For You? whitepaper, we discuss how solar and energy storage works, important elements to consider when going solar, factors that impact your ROI, and how to evaluate your solar and battery suitability.
In August 2022, the Inflation Reduction Act was signed into law, making the 30% solar tax credit retroactive to all 2022 installations and extending the 30% rate through 2032.
The 30% solar tax credit can also be applied to a battery installation if it's 100% filled with solar energy. Or, if you just want to install energy storage, there's a stand-alone tax credit for systems of at least 5kWh of storage, regardless of energy source.
